Industry News

Weyerhaeuser Company Declares Dividend

Board also declares dividend on Mandatory Convertible Preference Shares

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By: DAVID SAVASTANO

Contributing Editor, Coatings World and Ink World



Weyerhaeuser Company announced that its board of directors declared a dividend of $0.22 per share on the Common Stock of the company, payable in cash on Nov. 27, 2013 to holders of record of such common shares at the close of business on Nov. 1, 2013. Additionally, the company’s board of directors has declared a dividend of $0.7969 per share on the company’s 6.375% Mandatory Convertible Preference Shares, Series A, which will be payable in cash on Jan. 1, 2014 to holders of record of such mandatory convertible preference shares at the close of business on Dec. 15, 2013.

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